Flexible Electronics News

SCHOTT Sales, Earnings Increase in 2020

Company eyes continued growth in the US, which represents approximately 20% of its sales.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Led by its pharma and home appliances segments, SCHOTT’s US businesses grew in 2020, and the company expects to continue its focus on the US as a strategic growth priority.   SCHOTT increased its global sales by 2.2% in 2020 to reach $2.5 billion, despite the COVID-19 pandemic.    The company also improved its operating profit (EBIT), recording $320 million.   About 20% of global sales were attributable to the US region, making the US the top-selling country for SCHOTT.   U...

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